Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant's fourth significant investment in a Chinese courier company.

Alibaba and delivery company STO Express signed an agreement on a stake purchase option on Wednesday. The deal will give the Hangzhou-based tech giant a controlling stake in the Shenzhen-listed ...

Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay competitive during China ...

Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan (2 billion pound) merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay ...

Cainiao Network, the logistics arm of Alibaba Group Holding, has rolled out its half-day express delivery service in eight major Chinese cities, including Shanghai, Hangzhou and Shenzhen, as it ...

Alibaba Group Holding Ltd. and its logistics arm Cainiao Network have agreed to invest $1.38 billion in Chinese express delivery company ZTO Express (Cayman) Inc. , the companies said Tuesday in a ...

Or at least your first day out and about on a new electric school bus. That’s right, this awesome electric school bus could be yours… if you want to bring it over from China.

ZTO Express, nearly 9% controlled by Alibaba Group, said revenue in the three months to March rose by 22.1% from a year earlier to 7,9 billion yuan, $1,25 billion. Net income, helped by revenue ...

(Corrects spelling in headline) March 11 (Reuters) - STO Express Co Ltd: * SAYS CONTROLLING SHAREHOLDER TO SET UP NEW SUBSIDIARY THAT WILL OWN 29.9 PERCENT STAKE IN THE COMPANY * SAYS ALIBABA ...

SHANGHAI, March 11- Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant's.

SHANGHAI/SINGAPORE (Reuters) - Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan ($2.7 billion) merger with a listed clothing maker, becoming the latest courier seeking capital ...

Investors led by Alibaba and Cainiao will put up $1.38 billion in return for an approximately 10-percent equity stake in ZTO Express.